The increased trading has helped push the digital currency’s value to recent highs. On Dec. 9, bitcoin neared one its highest values since Feb. 2014 (it was still a good distance from its all-time highs in Dec. 2013). During the day, it surpassed $769.30—just short of June’s $781.31, bitcoin’s highest value this year.

It’s normal for bitcoin to surge at times of currency crisis. The eight-year old virtual currency, with no central authority, is viewed as a safe haven from wild fluctuations such as those recently seen in Venezuela.

However, there has been some confusion among those looking to convert their paper money into the cryptocurrency, which is created and stored online. In India, consumers can’t simply exchange cash for bitcoins. Instead, they’re required to share their bank account details and undergo a know-your-customer process to start trading in the online currency.